An auditor learns that a client's employee in control of inventory gets divorced and is responsible for paying a large amount of child support. All of the following for the audit of inventory likely are true except:
A. Fraud risk increases.
B. The risk of misappropriation of assets increases.
C. Risk of material misstatement increases.
D. Detection risk increases.
D. Detection risk increases.
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Strategic planning for a firm such as Disney with several SBUs probably occurs ________
A) only in its corporate headquarters B) only at the individual business unit level C) at both the overall corporate level and at the individual SBU level D) as needed based upon the success of the division E) at the location best suited for this function based upon findings of the SWOT analysis
A crime is the violation of a statute for which the government imposes a punishment.
Answer the following statement true (T) or false (F)
In general, how many suppliers should constitute a firm’s supplier base?
a. Many b. Few c. Very many d. Ten
Procedural fairness pertains to a customer's perception of the benefits he or she received compared with the costs (inconvenience or loss).
Answer the following statement true (T) or false (F)